F1 Fast Five: Christian Horner put under investigation for allegations, McLaren forges key partnership with Airwallex, and other big updates

Christian Horner put under investigation for allegations

It was announced this morning that RedBull team principal, Christian Horner, is under investigation for unnamed allegations that the team is now investigating. Horner says he "completely denies" the allegations. "After being made aware of certain recent allegations, the company launched an independent investigation," Red Bull said in a statement.

Click here to read the full article by the BBC (bbc.co.uk)

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McLaren forges key partnership with Airwallex

McLaren Formula 1 team has partnered with Airwallex for the 2024 season, allowing Airwallex to handle McLaren's financial operations, including treasury management and cross-border payouts. This collaboration aims to enhance McLaren's payment capabilities for Grand Prix events by overcoming limitations in their existing payment infrastructure, which incurs high FX charges and additional fees. Airwallex's financial technology will enable multi-currency payment options for McLaren, reducing SWIFT fees through its global proprietary payment rail network. The partnership includes a prominent display of Airwallex's logo on the McLaren MCL38, driver overalls, and official branded material. CEO Zak Brown emphasizes the importance of efficiency in both on and off-track operations, while Airwallex CEO Jack Zhang sees the collaboration as supporting global expansion and mutual growth.

Click here to read the full article by Callum Williams (insidersport.com)

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Ferrari confirms return of legendary white race suits for 2024

Ferrari has announced the reintroduction of white into their race suit design, a departure from the previous black, evoking the iconic aesthetics of the Michael Schumacher and Fernando Alonso eras. The change aligns with Charles Leclerc's contract extension and Carlos Sainz's final season with the team, symbolizing a blend of tradition and forward-looking optimism. The new race suits will debut during pre-season testing, signifying Ferrari's strategic move to challenge Red Bull and reclaim its position in Formula 1. The decision holds emotional significance as it coincides with Leclerc's long-term commitment and Sainz's farewell season, creating high anticipation among fans.

Click here to read the full article by Lydia Mee (si.com)

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Why Verstappen's teammates struggle to win

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Verstappen's teammates can't win - or at least they can't win against him consistently. Some fall just slightly behind, while others face a substantial gap. Verstappen, who started a Grand Prix at just 17, makes people wonder if he's really that much faster. And there's talk about whether the Red Bull car is made just for him.

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Illman's take on Hamilton's bold move

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Everyone's talking about it, and Kym Illman isn't going to be left out. When the Spanish and Italian media blew up the news that Hamilton would be heading to Ferrari in 2025, Kym was a little skeptical. However, when Sky Sports, a reputable news outlet, made it public, it was evident that the news itself was real. But who signs a deal in F1 this far out and allows it to be leaked to the media? That's definitely Hamilton.